Baytex Energy Corp. (BTE)
NYSE:BTE
BTE Stock Chart & Stats
$4.06
>-$0.01(-0.37%)
At close: 4:00 PM EST
$4.06
>-$0.01(-0.37%)
Day’s Range― - ―
52-Week Range$1.76 - $5.36
Previous Close$2.73
Volume18.97M
Average Volume (3M)18.82M
Market Cap
$2.99B
Enterprise Value$3.56B
Total Cash (Recent Filing)$757.87M
Total Debt (Recent Filing)$145.82M
Price to Earnings (P/E)―
Beta0.60
Next Earnings
Jul 30, 2026EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend Yield2.05%
Share Statistics
EPS (TTM)-0.96
Shares Outstanding740,100,000
10 Day Avg. Volume20,839,772
30 Day Avg. Volume18,819,129
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.43
Price to Sales (P/S)2.31
P/FCF Ratio13.85
Enterprise Value/Market Cap1.19
Enterprise Value/Revenue4.03
Enterprise Value/Gross Profit22.35
Enterprise Value/Ebitda7.93
Forecast
1Y Price Target
$5.12Price Target Upside26.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.26
Revenue Forecast (FY)$1.24B
Bulls Say, Bears Say
Bulls Say
Cash Generation & Free Cash FlowConsistent operating cash flow and positive free cash flow provide durable internal funding for reinvestment, dividends and buybacks. Strong cash generation reduces reliance on external financing and supports multi‑year capital plans, helping the company fund growth and returns through cycles.
Net Cash Position And Aggressive BuybacksA material net cash balance plus sizeable repurchases shows conservative balance‑sheet management and active return of capital. Maintaining net cash while buying shares improves financial flexibility, lowers refinancing risk, and enables durable shareholder returns and opportunistic funding of growth.
Duvernay Scale-up As Multi-year Growth EngineA planned Duvernay ramp delivering meaningful production and improving unit costs supports sustainable mid‑term volume growth and margin improvement. Scale‑up benefits (lower $/ft, better type curves) create structural upside to operating netbacks and production guidance durability.
Bears Say
Revenue Decline And Earnings VolatilityA ~40% revenue contraction and back‑to‑back net losses indicate weakened earnings quality and higher structural volatility. This erodes retained earnings, limits reinvestment ability without using cash reserves or asset sales, and raises the bar for sustainably restoring profitability.
Hedge Roll‑off Increases Commodity ExposureSignificant hedging losses and decision not to replace WTI hedges materially raise sensitivity to oil prices. Given management's sensitivity metric (~CAD125M AFF per $5 WTI), this increases earnings and cashflow variability and makes multi‑period planning more dependent on commodity outcomes.
Higher Capital Intensity And Execution RiskElevated capex, facility investments and acknowledged service‑cost pressures raise project breakevens and funding needs. Coupled with Gemini and waterflood pilot execution/timing risk, this increases the chance of delays, cost overruns and deferred cash returns, pressuring multi‑year returns.
Baytex Energy News
BTE FAQ
What was Baytex Energy Corp.’s price range in the past 12 months?
Baytex Energy Corp. lowest stock price was $1.76 and its highest was $5.36 in the past 12 months.
What is Baytex Energy Corp.’s market cap?
Baytex Energy Corp.’s market cap is $2.99B.
When is Baytex Energy Corp.’s upcoming earnings report date?
Baytex Energy Corp.’s upcoming earnings report date is Jul 30, 2026 which is in 39 days.
How were Baytex Energy Corp.’s earnings last quarter?
Baytex Energy Corp. released its earnings results on May 07, 2026. The company reported -$0.064 earnings per share for the quarter, missing the consensus estimate of $0.006 by -$0.069.
Is Baytex Energy Corp. overvalued?
According to Wall Street analysts Baytex Energy Corp.’s price is currently Undervalued.
Does Baytex Energy Corp. pay dividends?
Baytex Energy Corp. pays a Quarterly dividend of $0.016 which represents an annual dividend yield of 2.05%. See more information on Baytex Energy Corp. dividends here
What is Baytex Energy Corp.’s EPS estimate?
Baytex Energy Corp.’s EPS estimate is 0.07.
How many shares outstanding does Baytex Energy Corp. have?
Baytex Energy Corp. has 740,100,000 shares outstanding.
What happened to Baytex Energy Corp.’s price movement after its last earnings report?
Baytex Energy Corp. reported an EPS of -$0.064 in its last earnings report, missing expectations of $0.006. Following the earnings report the stock price went down -0.619%.
Which hedge fund is a major shareholder of Baytex Energy Corp.?
Currently, no hedge funds are holding shares in BTE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Baytex Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.12 (26.08% Upside)
$5.12 (26.08% Upside)
Blogger Sentiment
Bullish
BTE Sentiment 70%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $99.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 8.7%
Last 30 Days ▲ 8.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.33%
12-Months-Change
Fundamentals
Return on Equity
-23.11%
Trailing 12-Months
Asset Growth
-57.13%
Trailing 12-Months
Company Description
Baytex Energy Corp.
Baytex Energy Corp. is an energy company primarily focused on the acquisition, exploration, development, and extraction of crude oil and natural gas. Its operations are centered in North America, specifically spanning the Western Canadian Sedimentary Basin and various regions of Texas in the United States. The company's diverse product offerings include light crude oil, condensate, heavy oil, natural gas liquids, and natural gas. Among its key assets are the Eagle Ford play in Texas, the Viking and Lloydminster developments located in Alberta and Saskatchewan, and the Peace River and Duvernay properties within Alberta. Additionally, Baytex manages conventional oil and gas holdings across Western Canada. As of December 31, 2021, the company reported significant reserves: 129 million barrels of oil equivalent (mmboe) as proved developed producing, 278 mmboe as total proved reserves, and a combined 451 mmboe in proved plus probable reserves. Established in 1993, Baytex Energy Corp. maintains its corporate headquarters in Calgary, Canada.
BTE Company Deck
BTE Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted strong operational execution (production above guidance), meaningful upgrades to growth targets (2026 raised to ~7% at midpoint and three-year target 6–8%), improved unit economics (operating netback up ~20.7%), a solid net cash position of CAD 591 million, and an aggressive buyback program (~CAD 174 million repurchased this quarter and CAD 650 million planned for 2026). Key growth catalysts include Duvernay scale-up, heavy oil inventory and waterflood pilots, and longer-term Gemini optionality. Near-term negatives include CAD 29 million hedging losses, limited Q1 free cash flow, hedge roll-off at end of Q2 that increases exposure to oil prices, and some service-cost/capital intensity risk as activity increases. On balance the call emphasized positive operational momentum, balance-sheet strength, and shareholder returns while acknowledging manageable execution and price-exposure risks.View all BTE earnings summariesBTE Stock 12 Month Forecast
Average Price Target
$5.12
▲(26.08% Upside)
Technical Analysis
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Ownership Overview
10.57% Insiders
4.01% Mutual Funds
15.68% Other Institutional Investors
59.20% Public Companies and
Individual Investors